Brazil, Trump and Tariff
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Trump’s pledge to place a 50 percent tariff on all imports from the South American nation will drive up the prices of coffee — and orange juice.
Incoming 50% tariff on Brazilian imports threatens price hikes on coffee and orange juice in the US. Understand the potential impacts on consumer costs.
Trump’s proposed 50% tariff on Brazilian imports could raise costs for Starbucks, Dutch Bros, and others as coffee prices face renewed upward pressure.
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Andrew Charles, TD Cowen analyst, joins CNBC's 'Squawk on the Street' to discuss what potential tariffs on Brazil could mean for Starbucks, whether coffee price increases matter to consumers, and more.
Trump says he approved sending defensive weapons to Ukraine. President Donald Trump commented further on Tuesday about the apparent reversal on sending more weapon
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Barchart on MSNArabica Coffee Supported by Limited Rainfall in BrazilSeptember arabica coffee (KCU25) today is up +0.70 (+0.25%), and September ICE robusta coffee (RMU25) is down -85 (-2.38%). Coffee prices today are mixed, with robusta falling to a 1.5-week low. Arabica coffee has support from forecasts for limited rainfall over the next week in Brazil's coffee-growing regions.